Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ariel Courage is an experienced editor, researcher, and former fact-checker. She has ...
Surety bonds are instruments that create a legal obligation for one party to pay another. An indemnity bond is a specific type of surety bond that’s often used in situations where someone is borrowing ...
Indemnity insurance is a type of professional liability insurance coverage. To indemnify means to provide protection against financial losses. The purpose of having indemnity insurance is to protect ...
Indemnity obligations are par for the course in most mergers and acquisitions (M&As), domestic or cross-border. In India, indemnity obligations are recognised under contract laws and are enforceable ...
Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...
Indemnity escrows are consistently seen in 75% or more of reported transactions. The level of indemnity baskets as a percentage of transaction value, whether as mean or median, has seen a moderate ...
Since 2011, the use of after-tax indemnity limitations has steadily decreased, appearing in 32% of deals reviewed in the 2019 and 2021 studies. Notwithstanding potentially limited economic benefits of ...
Bill Madden is also a lawyer in private practice based in Sydney. Tina Cockburn does not work for, consult, own shares in or receive funding from any company or organization that would benefit from ...
In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...
Whether you know it or not, the Uniform Commercial Code imposes a warranty of non-infringement on every product you as a product manufacturer sells. Essentially, the law requires to you to guarantee ...
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